1.Trading Schedules (in Singapore Time)
|
|
Full Day Trading |
Half Day Trading |
|
Opening Routine |
|
|
|
Pre-Open |
8:30am to 8:58am / 8:59am1 |
8:30am to 8:58am /8:59am1 |
|
Non-Cancel |
8:58am / 8:59am to 9:00am2 |
8:58am / 8:59am to 9:00am2 |
|
Trading |
9:00am to 12:00pm |
9:00am to 12:00pm |
|
Mid-Day Break |
|
|
|
Pre-Open |
12:00pm to 12:58pm / 12:59pm1 |
N.A |
|
Non-Cancel |
12:58pm / 12:59pm to 1:00pm2 |
N.A |
|
Trading |
1:00pm to 5:00pm |
N.A |
|
Closing Routine |
|
|
|
Pre-Close |
5:00pm to 5:04pm / 5:05pm1 |
12:00pm to 12:04pm / 12:05pm1 |
|
Non-Cancel |
5:04pm / 5:05pm to 5:06pm2 |
12:04pm / 12:05pm to 12:06pm2 |
|
Trade at Close |
5:06pm to 5:16pm3 |
12:06pm to 12:16pm3 |
|
Close |
5:16pm |
12:16pm |
Notes:
1. Only limit orders are allowed during Pre-Open / Pre-Close phase. The Pre-Open / Pre-Close phase ends randomly at any time within this one-minute window and the Non-Cancel phase begins immediately after.
2. Orders are not allowed to be cancelled during Non-Cancel phase.
3. Trade at Close (TAC) is a ten minutes trading phase commencing immediately after the closing routine. Orders are matched continuously only at the fixed equilibrium price established from the preceding closing auction. Orders can only be completed at the price set during 5:06 - 5:16pm.
2.Board Lot Sizes
The standard board lot size is 100 units. However, certain products such as some Exchange Traded Funds (ETFs), American Depository Receipts (ADRs), and fixed income instruments may trade in other board lot sizes.
|
Products |
Board Lot Size |
|
Stocks, DLCs, Warrants |
100 |
|
Exchange Traded Funds (ETFs) |
1 |
|
American Depository Receipts (ADRs) |
10 |
|
Fixed Income Instruments |
10, 100 or 1,000 |
3.Bid Size
The minimum bid size is also known as tick size and represents the smallest price increment that the price of a security can change.
|
Product |
Price Range ($) |
Minimum Bid Size ($) |
|
Stocks, REITs, Business Trusts, Company Warrants |
Below 0.20 |
0.001 |
|
0.20 to 0.995 |
0.005 |
|
|
1.00 and above |
0.01 |
|
|
Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs) |
All |
0.01 or 0.001 as SGX-ST determines |
|
Debentures, Bonds, Loan Stocks and Preference Shares |
All |
0.001 |
4.Settlement
SG stocks follows T+2 settlement arrangement where clearing and settlement will be completed on the second working day after the trade is transacted.
REITs
Real Estate Investment Trusts (REITs) are funds that invest in a portfolio of income generating real estate assets such as shopping malls, offices or hotels, usually with a view to generating income for unit holders of the fund (i.e. investors of the REITs).
Assets of REITs are professionally managed, and revenues generated from assets (primarily rental income) are normally distributed at regular intervals to investors. REITs allow investors to access real property assets and share the benefits and risks of owning a portfolio of properties.
Units of REITs are bought and sold like other securities listed on SGX at market driven prices.